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Industrial Equipment - Distributor & Installation Service

Chattanooga, Tennessee

Construction - Special Trades | Mfg. - Miscellaneous Manufacturing

Asking Price $3,300,000 Inventory  
Gross Income $7,500,000 Real Estate  
Cash Flow $1,500,000 Year Established 1991
FF&E $225,000* Employees 8 - 10

* included in the asking price

** not included in the asking price

The Company, based in the Midsouth, specializes in conveyance related material handling solutions and customized steel structures for manufacturing operations. The Company s services include the design, engineering, fabrication and installation of material handling equipment and steel structures. Primary project types include overhead crane solutions, conveyance systems and customized structures and fixtures to support manufacturing operations. Manufacturers in targeted industries are making significant capital investment for new plant construction, plant expansion, and plant reconfigurations throughout the Southeast, Midsouth, and Midwest. 2006 was a record year due to unusually strong project activity from key customers. 2007 and 2008 projections based on current backlog, project pipeline and expanded customer base. Owner conservatively estimates revenues of $4,500,000+ and cash flow of approximately $1,000,000.

Facilities: The Company operates with a small headquarters office in the Midsouth for centralized administrative operations. Field operations are managed from modular buildings located at key customer locations. The Company headquarters could easily be relocated due to the field service nature of the business.

Competition: The material handling industry focused on manufacturing opportunities is highly fragmented. The Company is well positioned as a pre-qualified bidder, a recipient of design build engagements, or a consulting service due to capabilities, reputation and relationships within the vehicle related manufacturing industry. The Company is also a certified distributor for a nationally known manufacturer of crane & hoist equipment.

Growth/Expansion: The Company experiencing significant growth. The Company s largest customers are projecting significant capital investment in new manufacturing capabilities for the next several years. The Company is expanding to other vehicle related manufacturers and benefiting from the capital investment trends of foreign vehicle and parts manufacturers.

Financing: Yes - Amount and terms to be discussed with qualified buyers.

Support/Training: The Seller will work with the Company after the sale to transfer customer and employee loyalty to the new owner. The successful owner must be comfortable leading an organization with multiple field service crews deployed at customer sites for extended periods of time.

Reason Selling: Retirement.

AD # 280961

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